International Journal of Islamic and Middle Eastern Finance and Management: Volume 14 Issue 5

An artificial neural network augmented GARCH model for Islamic stock market volatility: Do asymmetry and long memory matter?

Walid Chkili, Manel Hamdi

The purpose of this study is to investigate the volatility and forecast accuracy of the Islamic stock market for the period 1999–2017. This period is characterized by the…

Determinants of banks’ risk-taking behavior, stability and profitability: evidence from GCC countries

Abdulazeez Y.H. Saif-Alyousfi, Asish Saha

This paper aims to examine the effect of bank-specific, financial structure and macroeconomic factors on the risk-taking behavior, stability and profitability of banks in Gulf…

Structural shocks in monetary policy, exchange rates, and stock prices using SVAR in Iran

Mahdi Salehi, Mehdi Behname, Mohammad Sadegh Adibian

This paper aims to examine the interrelationships of monetary policy's structural shocks, the real exchange rate and stock prices.

The connectedness between Sukuk and conventional bond markets and the implications for investors

Aristeidis Samitas, Spyros Papathanasiou, Drosos Koutsokostas

The purpose of this paper is to examine the connectedness across a variety of Sukuk and conventional bond indices and the implications for optimal asset allocation for the period…

Management ownership and the performance of Islamic microfinance institutions: a panel data analysis of Indonesian Islamic rural banks

Annisa Fithria, Mahfud Sholihin, Usman Arief, Arif Anindita

This study aims to analyse the relationship between management ownership and the performance of Islamic microfinance institutions (MFIs) using panel data from Indonesian Islamic…

Role of signaling in issuance of sukuk versus conventional bonds – an empirical analysis of the bond market in the UAE

Sudipa Majumdar, Rashita Puthiya

The global sukuk market has seen widespread innovations in the last couple of decades, which helped sukuk develop into one of the most acceptable Islamic instruments for raising…

Analysis of Islamic moral principles for sustainable economic development in developing society

Hakan Kalkavan, Hasan Dinçer, Serhat Yüksel

Economic development is one of the primary goals of all countries. In this context, countries aim to determine effective and correct policies to achieve this goal. This situation…

Measuring burdening effect of Shariah knowledge on sales performance; does work experience matter? A multi-group analysis in the Islamic finance industry

Shinaj Valangattil Shamsudheen, Ziyaad Mahomed

This study aims to examine the burdening effect of Shariah knowledge on the sales performance of the salesforce at Islamic financial institutions (IFIs) with special reference to…

Closer together or further apart? Club convergence in the Organization of Islamic Cooperation (OIC) countries

Lokman Gunduz, Hamad Mohammed Rahman Humaid Alshamsi, Mehmet Yasin Ulukus

This paper aims to examine the per capita income convergence of 57 member countries of the Organization of Islamic Cooperation (OIC) over the period 1990–2017 and to investigate…

Islamic banking efficiency literature (2000–2020): a bibliometric analysis and research front mapping

Saiyara Shabbir Ikra, Md. Azizur Rahman, Peter Wanke, Md. Abul Kalam Azad

This paper aims to present a citation-based bibliometric review of Islamic banking efficiency literature from 2000 until August 2020 for analyzing the content of the literature…

The effects of corporate disclosure on firm value and firm performance: evidence from Turkey

Hüseyin Temiz

The purpose of this study is to investigate the effects of firms’ disclosure practices on firm value and firm performance.

Shariah-compliance and IPO underpricing: evidence from Pakistan Stock Exchange

Waqas Mehmood, Rasidah Mohd-Rashid, Ahmad Hakimi Tajuddin, Hassan Mujtaba Nawaz Saleem

This study aims to investigate the effect of Shariah-compliant status and Shariah regulation on initial public offering (IPO) underpricing in Pakistan.